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Dave Says: Stop, Emergency Ahead!

Dear Dave,

Absolutely! When you’re stuck in the middle of an emergency you always push the pause button on your Total Money Makeover and save as much as you can.

Think of it this way. Cash is your umbrella when it rains, and you never know just how bad the storm will be or how long it will last. Even if you have great health insurance, you’re likely to end up paying a chunk out of pocket in situations like this. That’s why it’s important to have a big pile of cash on hand.

Remember, things like this are often just a bump in the road. They can be expensive, but taking care of important issues doesn’t have to mean giving up on taking control of your finances. Take care of immediate issues with yourself or your family first. Then, the come back when things are better and pick up where you left off on your Total Money Makeover!

—Dave

Dave Ramsey is America’s trusted voice on money and business. He’s authored four New York Times best-selling books: Financial Peace, More Than Enough, The Total Money Makeover and EntreLeadership. The Dave Ramsey Show is heard by more than 5 million listeners each week on more than 500 radio stations. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com.
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